Highbridge Capital Management’s managing director and portfolio manager, Bart Baum, worked there. For Highbridge, he designed and implemented a number of stock arbitrage trading strategies. When it comes to arbitrage, Bart Baum has overseen numerous asset classes around the world. Ionic Capital is an event-driven hedge fund with assets under management totaling approximately $2 billion. It’s a global stock, fixed-income, and alternative investment investor with a diverse portfolio of holdings. There are some of its top investments, including Merck & Co, Inc., and Uber Technologies, Inc. There is a $943,000 stake in the company that the investor owns. Shares of Uber Technologies Inc. were downgraded from $57 to $48 by Wedbush analyst Ygal Arounian on Thursday. For 2024, the $170 billion total bookings midpoint was on target.
Insider Monkey states the list of 10 stocks to invest in according to Bart Baum’s Ionic Capital. A vehicle rental company, Hertz Global Holdings, Inc., is located in the United States. Bart Baum’s hedge fund made a $6.19 million investment in Hertz by purchasing 248,620 shares of the company. During the fourth quarter of 2021, 55 hedge funds monitored by Insider Monkey had a positive outlook on Hertz, according to the data. These hedge funds had a combined stake of $7.10 billion. One of the largest vehicle rental companies in the United States is Hertz Global Holdings, Inc. Hedge fund manager Bart Baum purchased 248,620 shares of Hertz for a total cost of $6,19 million. In the fourth quarter of 2021, 55 of the hedge funds tracked by Insider Monkey were positive on Hertz. In all, these funds had a combined stake of $7,10bn. The media and entertainment company Starz Acquisition LLC is based in Colorado. Berkshire Hathaway, Warren Buffett’s holding company, has a significant stake in Starz. Lions Gate Entertainment Corp. has been downgraded from Outperform to Neutral by a Macquarie analyst. The media and entertainment company Starz Acquisition LLC is based in Colorado. Berkshire Hathaway, Warren Buffett’s holding company, has a significant stake in Starz. Lions Gate Entertainment Corp. has been downgraded from Outperform to Neutral by a Macquarie analyst. DXC Technology is a technology consulting, outsourcing, and support company that specializes in the field. Insider Monkey discovered 27 hedge funds with $447.82 million invested in DXC Technology Company. In terms of ownership, Harris Associates holds 10.42 million shares worth $335.37 million, the largest stake. For more details, click 10 Stocks To Invest In According To Bart Baum’s Ionic Capital.